Waec Commerce 2015 Past Questions and Answers

Question 26:

• WAEC 2015

The reduction in the value of a country's currency in relation to others is?

A. Re denomination
B. Devaluation
C. Inflation
D. Deflation

Question 27:

• WAEC 2015

which of the following is an aspect of marketing concept

A. Product differentiation
B. Sales orientation
C. Consumer orientation
D. Price differentiation

Question 28:

• WAEC 2015

Retail outlets which sell from specialized vans are called?

A. Super market
B. Multiple shops
C. Mail order
D. Mobile shop

Question 29:

• WAEC 2015

the practice of selling goods in foreign markets at a price lower than the cost price is?

A. Fair trading
B. Under invoicing
C. Hedging
D. Dumping

Question 30:

• WAEC 2015

A cheque made payable to a named person is?

A. A crossed cheque
B. A certified cheque
C. An order cheque
D. A confirmed cheque